A post by @KobeissiLetter on X.
US inflation is diverging from the Fed’s target:
@KobeissiLetter on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
US CPI inflation has climbed 30.2% since January 2020 to a record high, according to The Kobeissi Letter, equivalent to a 4.0% annualized pace over the period—roughly double the Fed's 2% target. The analysis highlights how far cumulative price growth has outpaced what a steady 2% path would have produced, underscoring the persistence of inflation above target. The gap matters because it shapes expectations for how long the Federal Reserve may keep policy restrictive. Next, markets will watch upcoming CPI prints and Fed communications for signs of whether that divergence is narrowing.
Muhabbit's AI wrote this summary of @KobeissiLetter's post in its own words. It can get details wrong, so read the post on X.
Named in this story
US CPI, Federal Reserve